Cypress Point Condominium Association, Inc., Plaintiff-Respondent v. Adria Towers, L.L.C.; D. Loureiro Masonry…

Summary

The Supreme Court of New Jersey affirmed the Appellate Division, holding that the water damage caused by subcontractors’ faulty workmanship constitutes both “property damage” and an “occurrence” under the 1986 ISO CGL policies, and remanded for further proceedings consistent with that finding.